All Forum Posts by: Alyssa Strom

Hey Brandon! We host events the third Tuesday of each month. As far as Subto, Darina is moving to Florida for the next 6 months but she posts a ton of content on her instagram account!

This month, Darina Aleksa will share the ins and outs of acquiring properties by taking over existing mortgage payments ("subject-to"). Darina will share how to identify ideal "subject to" opportunities and how to structure deals that minimize risk and maximize returns.

She'll share the legal and financial nuances of this investing strategy, how she has negotiated with sellers, and creative strategies she has used to build her portfolio.Whether you're looking to grow your portfolio or explore new investment methods, this event will give you the tools and knowledge to succeed in "subject to" investing.

About Darina

Darina moved to the US from Ukraine in 2019. She is a creative real estate investor whose journey is inspiring. She doesn't rely on cash, credit, or credentials, choosing instead to leverage strategies like Subject-To and Seller Finance.Owning properties in Minnesota and Florida, along with luxury Airbnb rentals in Tampa and Orlando, Darina proves real estate investing is accessible to anyone with determination.Her dedication extends to providing housing and job opportunities for refugees. As a top-tier transaction coordinator, she ensures smooth deals for clients. Alongside her husband, they offer creative solutions for sellers and fast cash purchases for off-market homes. Darina's story highlights the power of a strong real estate network in achieving financial goals and making a positive impact

About Our Group (ReBL Collective)

Formerly the Millennial Investor Group. The ReBL (Real Estate and Business Learning) Collective is a Minnesota based in-person and digital educational platform helping real estate investors become better business owners.

We believe real estate Investing is about more than just buying & selling properties; it's about building a sustainable business that can weather any market conditions. We are committed to fostering a vibrant community of life-long learners who share their honest and real world experiences and insight. We offer free in-person monthly events, paid small group classes, masterminds and an online community. We believe in the power of education, creativity, and connection to unlock the true potential of real estate investing.

Learn more at ReBLCollective.com or check us out at one of our free monthly events!

Welcome! Locally it's tough to find deals that pencil out right now due to prices and rates, so househacking is a great way to invest in the Twin Cities market. You won't be living for free but if you can find a property with solid rents or some value-add potential I think it's a worthwhile investment. REI is for the long-game in the current market unless you are flipping. I co-host two REI networking groups (one is the Minnesota chapter of InvestHER) and would be happy to send you the details if you want to see what is working for people here!

Join us the Millennial Investors Group this month to learn about how can you use real estate investing to make an impact and change the world. As investors, we often focus on growing our # of doors and maximizing income, but may not spend much time thinking about how to use our skills to help those most in need. Sam Foltz, an experienced investor, started Flips for the Fatherless to bring investors, tradespeople, and everyday people together. He will share practical tips on how to find and manage a flip in this market and use real estate to make an impact.Come see this unique real estate renovation project where 100% of the profit is being given away to help end human trafficking, support orphans and refugees, and strengthen families. 

Glenn Williams is a local flipper who hosts free monthly meetings on flipping/rehabbing and just launched a coaching program as well. I'll DM you a link to his group! 

Join the Millennial Real Estate Investors group this month to discuss apartment syndications. Eric Eickhof of CoVest Ventures will be discussing the overall process plus his team's most recent apartment deal in the Twin Cities. Whether you are in a new investor exploring their options or an experienced investor looking to do something different they'll be something for everybody to learn.

About Eric
Eric got his start in real estate while still in college at the University of Minnesota. His first purchase was a townhome in his hometown of Grand Forks, ND. He was able to 1031x the townhome into a duplex in Minneapolis, MN. That is when the lights clicked and he has been building his real estate portfolio ever since. Eric is the owner and managing broker of Fulton Realty in Minneapolis, MN and the General Partner of Covest Ventures. He has travelled the investor journey from an owner/operator of residential and small multi-family properties to making the leap into commercial real estate investing.

All ages always welcome! 

@Noah Chappell Garrett Gordon is worth a call to! 

@Georgina Graham I'd review the rental guidelines for each city and then check rental comps on Rentometer. Sometimes there aren't many single-family rental comps so you can verify on Facebook Marketplace, Zillow or Apartments.com. I'd base my decision on potential rental income and future Cap Ex. 

Join the Millennial Investor Group and local developers Kaleidoscope to discuss their newest 12-unit development project in Minneapolis. 

About the project:
2718 Grand will be an urban oasis amidst diverse, independently owned businesses and plentiful green space. The 12-unit, eco-friendly building is scaled to fit its surroundings and designed to foster community and an authentically sustainable lifestyle.

About the presenters: Adam Bradley Jones and Jay Rajaratnam

Adam began his professional career at BKV Group in Minneapolis while residing at a housing co-op in the Whittier neighborhood. While cultivating community in the shared home and gardens, he paradoxically designed buildings for large-scale developers that were motivated solely by financial profits. Adam’s drive to find a more balanced way of building led him to Locus Architecture (where he designed and built homes while gaining architectural licensure), the Real Architecture Workshop (where he assisted teaching students in Mexico), and Solhem properties (where he gleaned development and building management experience). In 2020, he evolved his practice of architecture into a human-centered approach to real estate development - valuing people, place-keeping, and positive impacts beyond the walls of a building.

Jay is a south Minneapolis resident and father of two young children. Having moved to the US at the age of 8 as a civil war refugee and growing up in a working family, they were fortunate to have had an uncle who helped them for the first year until the family got on its own feet. Through this experience, he is deeply familiar with the impact housing costs have on the less fortunate and is passionate about seeking solutions to the housing crisis. Jay honed his problem solving skills while working as a process engineer and maintenance supervisor at Ford and brings an acute understanding of systems to housing development. While working at Xcel Energy, Jay worked on a company wide software implementation project where systems integration was a key component of success. These professional experiences have shaped Jay’s way of thinking on how to build more sustainably and cost effectively.

Join the Millennial Investor Group and Chris McCormack, CEO of Better Books to discuss tax planning for real estate investors. He'll discuss what tax planning is and why you’ve likely overpaid in taxes. Many people get into real estate for the perceived tax benefits but are often discouraged when they find out they’re still overpaying. The goal is to walk away with confidence through a newfound knowledge of the tax code and the benefits it offers to real estate investors.

Chris McCormack is a CPA, Certified Tax Coach and real estate tax strategist. He's the host of the Know Your Numbers REI podcast and CEO of Better Books – a tax planning and accounting firm focused on eliminating the frustration and confusion that investors feel when working with a non-specialized tax professional. Before starting a firm of his own, he spent a few years in public accounting, working at PwC Boston where he assisted some of the top financial firms in the world with their accounting and tax related activities. He provides his clients with confidence and the ability to grow their portfolio regardless of market conditions.